AdvisorCensus / Financial advisors / Ohio / Cleveland / Cbiz Retirement Plan Advisory Services
Cbiz Retirement Plan Advisory Services
Filed as CBIZ RETIREMENT PLAN ADVISORY SERVICES · Legal name Cbiz Financial Solutions, Inc.
Cbiz Retirement Plan Advisory Services is an SEC-registered investment advisory firm in Cleveland, OH, registered since 1999, reporting under $25 million in regulatory assets under management in its Form ADV filing dated March 5, 2026.
Quick answers
From the filingHow is Cbiz Retirement Plan Advisory Services compensated?
On its Form ADV (Item 5.E, October 2026), Cbiz Retirement Plan Advisory Services reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees); commissions; other.
What does Cbiz Retirement Plan Advisory Services' brochure say about its fees?
Its Form ADV Part 2A brochure dated March 5, 2026 states: Asset-based fee: 0.05% to 1.5% a year (a range, as the brochure states it). Fees can differ by service and may be negotiable; the brochure is the complete statement.
Where is Cbiz Retirement Plan Advisory Services located?
Cbiz Retirement Plan Advisory Services' principal office is in Cleveland, OH, according to its Form ADV; the April 2026 filing also lists 6 other offices (Schedule D, Section 1.F).
Is Cbiz Retirement Plan Advisory Services registered with the SEC or a state?
Cbiz Retirement Plan Advisory Services is an SEC-registered investment advisory firm, registered since 1999. Status as filed: Approved. CRD 16678.
How much does Cbiz Retirement Plan Advisory Services manage?
Cbiz Retirement Plan Advisory Services reports $8,873,081 in regulatory assets under management in its Form ADV filing dated March 5, 2026 (100% discretionary).
How have Cbiz Retirement Plan Advisory Services' assets and staff changed since 2021?
In the Form ADV data for Cbiz Retirement Plan Advisory Services: Regulatory assets under management: $129,360,707 in the October 2021 data and $8,873,081 in the October 2026 data, down 93%. Total employees: 54 in October 2021 and 19 in October 2026. Assets under management move with markets as well as with clients coming and going.
What types of clients does Cbiz Retirement Plan Advisory Services serve?
By number of clients on Form ADV Item 5.D: pension and profit sharing plans (but not the plan participants or government pension plans) (11).
Which custodians does Cbiz Retirement Plan Advisory Services use?
Cbiz Retirement Plan Advisory Services' most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Voya Financial as a custodian holding 10% or more of its separately managed account assets.
Does Cbiz Retirement Plan Advisory Services report any disciplinary disclosures?
Reports 2 disclosure items on Form ADV Item 11: yes answers to 11.D(2) (another regulator's finding of a violation) and 11.E(2) (self-regulatory organization's finding of a rule violation). Each question covers the firm and its advisory affiliates, and one event can produce several yes answers. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/16678
What changed in Cbiz Retirement Plan Advisory Services' recent Form ADV filings?
In the April 2026 filing data: Employees performing advisory functions went from 17 to 16. Regulatory assets under management went from $23,881,016 to $8,873,081 (-63%).
From the Form ADV filing
Every figure below is as the firm filed it with regulators, as of October 2026.
How the firm is compensated
Item 5.E- A percentage of assets under your management
- Hourly charges
- Fixed fees (other than subscription fees)
- Commissions
- Other
Item 5.E lists how the firm is compensated for its advice; Items 5.B, 6.A, and 7.A show whether its people or related companies can also earn commissions. Percentage of assets, fixed, hourly, subscription, and performance-based fees come from clients (a performance-based fee depends on investment results); commissions come with a sale or a trade, often from the company behind the product. How fees, commissions, and other arrangements differ
Fees and minimums
Form ADV Part 2AAsset-based fee: 0.05% to 1.5% a year (a range, as the brochure states it)
The brochure's wording
Investment advisory fees generally range from 0.05% - 1.50% of assets under advisement and include fees payable to CBIZ RPAS and your CBIZ RPAS Consultant.
As stated in the firm's Form ADV Part 2A brochure dated March 5, 2026. Fees can differ by service and may be negotiable; the brochure is the complete statement. Read the brochure on the SEC's IAPD site
Regulatory assets under management
Item 5.F$8,873,081 as of October 2026, filing dated March 5, 2026.
A measure of scale, not skill or returns. Discretionary means the firm decides trades; non-discretionary means clients approve each one. What assets under management means
Who the firm serves
Item 5.DA firm with no individual clients is an institutional manager even if it manages billions; the mix tells you whom the practice is built around.
Advisory services
Item 5.G- Portfolio management for businesses (other than small businesses) or institutional clients
- Pension consulting services
- Selection of other advisers (including private fund managers)
- Educational seminars/workshops
Registration and firm details
Items 1, 2, 5- Legal name
- Cbiz Financial Solutions, Inc.
- Also doing business as
- CBIZ RETIREMENT PLAN ADVISORY SERVICES
- Registration
- SEC-registered investment adviser. Status as filed: Approved.
- Registered since
- 1999 (27 years)
- Employees
- Total: 19. Performing investment advisory functions: 16.
- Wrap fee program participation
- No.
- Custodians (Schedule D, Section 5.K(3))
-
Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.
- Other offices (Schedule D, Section 1.F)
-
6 other offices, as of the April 2026 filing
- States registered or notice-filed
-
26 states or jurisdictions
SEC-registered investment advisers are examined by the SEC. SEC, state, and exempt registration
Disclosures
Item 112 Reports 2 disclosure items on Form ADV Item 11. View on IAPD.
Questions answered yes on this filing
Regulatory matters Items 11.C to 11.G
- 11.D(2) Has another federal regulator, a state regulator, or a foreign financial regulator ever found that the firm or an advisory affiliate was involved in a violation of investment-related regulations or statutes?
- 11.E(2) Has a self-regulatory organization or a commodities exchange ever found that the firm or an advisory affiliate was involved in a violation of its rules, other than a minor rule violation under a plan the SEC approved?
Each question covers the firm and its advisory affiliates: its current employees other than clerical staff, its officers, partners, and directors, and anyone who controls the firm or is controlled by it. One event can produce yes answers to several questions. SEC-registered advisers and exempt reporting advisers may leave out events more than ten years old, and may answer 11.A(2) and 11.B(2) for pending charges only. What happened, and who was involved, is on the Disclosure Reporting Pages of the IAPD record. Reading a firm's disclosures
Assets and staff over time
Items 5.A, 5.F| Data period | Assets under management | Employees | Filing dated |
|---|---|---|---|
| October 2026 | $8,873,081 | 19 | March 5, 2026 |
| October 2025 | $23,881,016 | 21 | March 27, 2025 |
| October 2024 | $41,129,729 | 24 | March 22, 2024 |
| October 2023 | $57,856,282 | 27 | March 28, 2023 |
| October 2022 | $172,370,441 | 28 | March 25, 2022 |
| October 2021 | $129,360,707 | 54 | September 14, 2021 |
Regulatory assets under management: $129,360,707 in the October 2021 data and $8,873,081 in the October 2026 data, down 93%.
Total employees: 54 in October 2021 and 19 in October 2026.
As filed in each year's data for the same month. Assets under management move with markets as well as with clients coming and going; they measure scale, not skill or returns. Most firms update these figures once a year.
Changes in the filing
Last 12 months- April 2026
- Employees performing advisory functions went from 17 to 16.
- Regulatory assets under management went from $23,881,016 to $8,873,081 (-63%).
Compared month to month from the SEC's monthly adviser data and the state compilation feed. Owners and control persons are summarized, never named.
Websites listed on Form ADV
Item 1.INot reported.
Source: Form ADV, as of October 2026. Values appear as filed; a value the firm did not report is shown as "Not reported."
Cite this page
AdvisorCensus. Cbiz Retirement Plan Advisory Services (CRD 16678): Form ADV filing data as of October 2026. https://advisorcensus.com/firm/cbiz-retirement-plan-advisory-services-cleveland-oh-16678